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Oct 5, 2012
10/12
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nearly $6 a gallon at some stations in southern california. stations talking about possibly running out of gas because of the high price. a lot of consumers worry it could happen to them. california is a special case based on the special type of gasoline that's required in that state. the refining issues that are servicing in california and elsewhere around the country are having an impact on prices. not only on the national average, but on different pockets. we are looking at prices that vary quite a bit across the country. from california, we also have in the south some of the cheapest gas, just over $3.50. in the new york area, over $4. the fact remains the national average at $3.79 a gallon is likely to go higher based on what we've seen in the futures market over the last several weeks. we are likely, some traders say, to see $4 gasoline as the national average by election day. more on that on cnbc.com. back to you. >> thank you, sharon. shares of constellation brand up more than 3% today on strong earnings and a carr cheery outl. we'll b
nearly $6 a gallon at some stations in southern california. stations talking about possibly running out of gas because of the high price. a lot of consumers worry it could happen to them. california is a special case based on the special type of gasoline that's required in that state. the refining issues that are servicing in california and elsewhere around the country are having an impact on prices. not only on the national average, but on different pockets. we are looking at prices that vary...
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Oct 19, 2012
10/12
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some other states also seeing much bigger drops than that 10% mark. 9/11 new york and california, which have some of the highest prices, we've seen a significant price drop. so that's a little bit of good news for consumers going into the weekend. back to you. >> all right, sharon. thank you very much. the market selling off on this, the 25th anniversary of black monday. all major averages plunging nearly 2%. of course, 25 years ago it was 22%, which would translate to about 3,000 dow points today. so is it a one-day event, or will weaker earnings bring more declines ahead? >> well, that's what we're looking at. here to break it down right now is david from morgan stanley and our own bob. david, you've been calling for 1167 for the s&p 500. >> that's correct. the market has surprised us to the up side, mainly because we've been right with the earnings. however, the price earnings m l multiple has expanded. spain's bond yield are down. quantitative easing in the united states and the outright monetary transactions by the european central bank. all of those things have led people to basic
some other states also seeing much bigger drops than that 10% mark. 9/11 new york and california, which have some of the highest prices, we've seen a significant price drop. so that's a little bit of good news for consumers going into the weekend. back to you. >> all right, sharon. thank you very much. the market selling off on this, the 25th anniversary of black monday. all major averages plunging nearly 2%. of course, 25 years ago it was 22%, which would translate to about 3,000 dow...
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Oct 3, 2012
10/12
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he's buying up most of malibu, california. >> i thought it was so funny. i said, why did you take out a $4.5 billion line of credit? why does a guy with $4.5 billion need a $4.5 billion line of credit? he said, just in case i want to buy the l.a. lakers or something. >> he is one eclectic guy. that's for sure. >> it was interesting to have the discussion. >> that was great. great fun. good to have you back. >> thank you. >> all right. we're coming back with the closing countdown after this. >> after the break, he's one of the most successful major league managers than ever. who better to talk about than what is shaping up to be a wild last day of the regular season than joe torre? he's with me later on the "closing bell." [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. we know you.atever your business chal
he's buying up most of malibu, california. >> i thought it was so funny. i said, why did you take out a $4.5 billion line of credit? why does a guy with $4.5 billion need a $4.5 billion line of credit? he said, just in case i want to buy the l.a. lakers or something. >> he is one eclectic guy. that's for sure. >> it was interesting to have the discussion. >> that was great. great fun. good to have you back. >> thank you. >> all right. we're coming back with...
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Oct 2, 2012
10/12
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carol bartz joining us in california. 40 minutes before the closing bell sounds for the day. we have a market off the lows right now. down about 67 points on the industrial average, bill. >> they are two of the world's largest software companies, but which is the better bet for your portfolio? we're talking about oracle and microsoft. we'll have that trade for you coming up next, maria. >>> and speaking of oracle, ceo larry ellison might be the world's most interesting man. he flies planes, races yachts, and bought a hawaiian island. he's running the company he created 35 years ago. he's with me exclusively later today on the "closing bell." stay with us. if you are one of the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer
carol bartz joining us in california. 40 minutes before the closing bell sounds for the day. we have a market off the lows right now. down about 67 points on the industrial average, bill. >> they are two of the world's largest software companies, but which is the better bet for your portfolio? we're talking about oracle and microsoft. we'll have that trade for you coming up next, maria. >>> and speaking of oracle, ceo larry ellison might be the world's most interesting man. he...
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Oct 17, 2012
10/12
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it's one of the reasons why california's gasoline prices spiked so high recently. they use a boutique blend of fuel. >> no, robert, you're mistake. the reason why gasoline prices spiked in california -- >> are you going to interrupt me again? >> yes, i am. >> we've been over this. being rude does not help you make your point. >> they had a fire and production is down. >> this sounds like the debate last night. obama and romney. >> romney gives rhetoric. obama gives facts. >> we just want the facts here. we just want to look at economic landscape and how to allocate money so our viewers get value out of this. we appreciate your time tonight, gentlemen. see you soon. thank you so much. >> thank you very much. >> up next, food inflation and the fiscal cliff. you'd think the head of the largest grocery chain in the united states would be one of the most pessimistic ceos out there. actually, he's quite optimistic. the head of kroger will sit down with me for an interview you'll see only on this network. >>> later -- >> it's a disaster. massive balance problems. it's a d
it's one of the reasons why california's gasoline prices spiked so high recently. they use a boutique blend of fuel. >> no, robert, you're mistake. the reason why gasoline prices spiked in california -- >> are you going to interrupt me again? >> yes, i am. >> we've been over this. being rude does not help you make your point. >> they had a fire and production is down. >> this sounds like the debate last night. obama and romney. >> romney gives rhetoric....
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Oct 5, 2012
10/12
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we hear about the gas stations having to close out in california. i think gasoline find as bid there. in the meantime i think, you know, oil could head to around that $80 a barrel. no problem next month. >> thank you so much, for more options inside, stay tuned for "options action" straight ahead at the top of the hour. >> i kika creating controversy after erasing women in the catalog in saudi arabia. >> that's up after the break. k kika creating controversy after erasing women in the catalog in saudi arabia. >> that's up after the break. ea controversy after erasing women in the catalog in saudi arabia. >> that's up after the break. cr after erasing women in the catalog in saudi arabia. >> that's up after the break. with possible breakout stocks, options with potential opportunity, futures and forex with in-depth analysis. it's an all-you-can-eat buffet for all things trading. thinkorswim by td ameritrade. it doesn't just deliver news. it's making news. trade commission free for 60 days, plus get up to $600 when you open an account. [ male announce
we hear about the gas stations having to close out in california. i think gasoline find as bid there. in the meantime i think, you know, oil could head to around that $80 a barrel. no problem next month. >> thank you so much, for more options inside, stay tuned for "options action" straight ahead at the top of the hour. >> i kika creating controversy after erasing women in the catalog in saudi arabia. >> that's up after the break. k kika creating controversy after...
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Oct 10, 2012
10/12
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and julian in california said refito a lower payment but keep making the previous payment in order to pay down the loan faster. some are doing home improvements but not at the rate we saw during the housing boom when cash out was king. that is bad news for home remodeling companies and home decorators. yesterday owens corning cut its full year forecast. this is the point where i would tell you to check out more details. do that but also go to my new facebook page for this information and everything you ever wanted to know about real estate. >> we like it already. >> if you can't beat them join it. like it. >> we're friends. don't worry. >>> wait until you hear what this guy tried to sneak through airport security. >> and then we see all the items -- [ horn honks ] hey, it's sandra -- from accounting. peter. i can see that you're busy... but you were gonna help us crunch the numbers for accounts receivable today. i mean i know that this is important. well, both are important. let's be clear. they are but this is important too. [ man ] the receivables. [ male announcer ] michelin knows
and julian in california said refito a lower payment but keep making the previous payment in order to pay down the loan faster. some are doing home improvements but not at the rate we saw during the housing boom when cash out was king. that is bad news for home remodeling companies and home decorators. yesterday owens corning cut its full year forecast. this is the point where i would tell you to check out more details. do that but also go to my new facebook page for this information and...
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Oct 2, 2012
10/12
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but after his adoptive mother passed away, ellis oon dropped t of school and headed to california with little money in his pocket. his skills were quickly recognized. he helped build the first ibm compatible mainframe system. in 1977, he and two of his colleagues broke off and started a company that would eventually become oracle. ellison took the company public in 1986, already a billion-dollar enterprise. now a $100 billion company, his mystique has grown as a billionaire who lives on the edge. he's made shareholders nervous while suffering body blows from mountain biking and surfing. he won a yacht race in sidney overcoming hurricane-strength winds that sank five competitors and drowned six participants. some have speculated he's the inspiration for the tony stark character in "the iron man" films, with ellison even making a cameo in the most recent sequel. ellison's passion for boating it now focused on the america's cup competition. >> this sis extreme sailing. >> he's the principle supporter of the oracle bmw racing team, which won in 2010, besting the field by more than five min
but after his adoptive mother passed away, ellis oon dropped t of school and headed to california with little money in his pocket. his skills were quickly recognized. he helped build the first ibm compatible mainframe system. in 1977, he and two of his colleagues broke off and started a company that would eventually become oracle. ellison took the company public in 1986, already a billion-dollar enterprise. now a $100 billion company, his mystique has grown as a billionaire who lives on the...